eBay Share Price Boosts From Sales Jump -- Finspreads
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eBay Share Price Boosts From Sales Jump -- Finspreads - JCN Newswire
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eBay Share Price Boosts From Sales Jump -- Finspreads

London, Jan 18, 2013 - (JCN Newswire) - Finspreads -- The Christmas period proved to be a successful one for eBay, as the internet marketplace's share price jumped before the end of trading yesterday (January 16th) on the New York Stock Exchange.

Source: eBay share price boosts from sales jump
http://www.cityindex.co.uk/market-analysis/financial-news/us-stock-market-news/5322712013/sales-jump-boosts-ebay-share-price/

In the last three months of the year, the company saw strong demand, with sales rising by 18 per cent to $3.9 billion (GBP 2.5 billion) compared to the previous quarter.

On Cyber Monday (November 26th), which is historically seen as the beginning of the festive shopping season, transactions on eBay's mobile applications doubled year-on-year, while PayPal payments nearly tripled.

The firm claims the growing popularity for making purchases via smartphones helped boost activity, while PayPal payments generated the greatest growth totaling $1.5 billion in revenue.

At close of play on the technology-heavy Nasdaq last night, eBay shares rose by 0.7 per cent to $52.90 per unit, while the index itself rose by 0.2 per cent -- or 6.7 points -- finishing on 3117.5 points.

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Contact:
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk

Jan 18, 2013
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Press release summary


 
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